LM_HG202 Des Moines, Iowa Thu, Apr 11, 2019 USDA Market News NATIONAL DAILY DIRECT MORNING HOG REPORT PLANT DELIVERED PURCHASE DATA FOR Thursday, April 11, 2019 (Includes information from 1:30 PM to 9:30 AM.) CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 6,972 4,511 3,128 8,191 Other Market Formula (Futures/Options) 54,887 52,200 30,114 16,287 Swine or Pork Market Formula 103,335 94,896 94,368 96,630 Other Purchase Arrangement 56,421 49,899 52,913 63,983 Negotiated Formula 1,107 1,107 996 1,205 Packer Sold (all purchase types) 11,677 11,677 13,791 4,967 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,626 Compared to Prior Day's closing weighted average (LM_HG200), 0.93 lower Base Price Rng $67.00 - $77.00, Wtd Avg $75.27, 5 Day Rolling Avg $75.55 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 0 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 3,626 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS based on both Fat and Muscle Measurements for a 200 lb Carcass Basis *Price not reported due to confidentiality* -------------------------------------------------------------------------------- CARCASS WEIGHT DIFFERENTIALS 145# -27.75 -7.54 175# -1.75 0.00 205# -6.03 0.00 155# -27.75 0.00 185# -0.25 0.00 215# -6.03 0.00 165# -15.00 0.00 195# -1.51 0.00 225# -6.03 -1.33 -------------------------------------------------------------------------------- MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED *Price not reported due to confidentiality* -------------------------------------------------------------------------------- SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 101,870 Base Price Range $71.69 - $82.11, Weighted Average $78.02 -------------------------------------------------------------------------------- NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 906 Compared to Prior Day's closing weighted average (LM_HG200), 0.02 lower Price Rng $55.35 - $60.25, Wtd Avg $59.04, 5 Day Rolling Avg $58.65 -------------------------------------------------------------------------------- NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 165 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold) Barrows & Gilts (live basis, 240-320 lbs): 1,071 *Price not reported due to confidentiality* 5 Day Rolling Avg $-- -------------------------------------------------------------------------------- BARROWS & GILTS PURCHASE BY STATE OF ORIGIN Iowa 88,164 Illinois 15,708 Indiana 12,096 Kansas 2,728 Kentucky 634 Michigan 4,904 Minnesota 30,552 Missouri 3,292 North Carolina 16,173 Nebraska 14,121 New York 163 Ohio 11,053 Oklahoma 2,765 Pennsylvania 2,277 South Carolina 180 South Dakota 2,309 Tennessee 540 Wisconsin 5,385 -------------------------------------------------------------------------------- *Price not reported due to confidentiality, for more information visit: www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf *Base Price is the price from which no discounts are subtracted and no premiums are added. Source: USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA 515-284-4460 email: desm.lpgmn@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/market-news/livestock-poultry-grain 1100C